Daily Wisdom 242: Proverbs 11:26

Proverbs 11:26 (NKJV) — 26 The people will curse him who withholds grain, But blessing will be on the head of him who sells it.

Free enterprise. The Bible endorses the concept of free enterprise and private ownership. The commandment “Thou shalt not steal” would have no meaning if there were no private property. However, enterprise should be conducted according to basic rules, not by unrestrained greed. Those who withhold basic necessities from the marketplace in hopes of creating a shortage and thus increasing price and profits will be cursed by the people. Merchants who freely sell necessities at a just price will prosper. This admonition particularly applies to people who are engaged in providing goods or services basic to human life.